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Robex Resources Inc V.RBX

Alternate Symbol(s):  RSRBF

Robex Resources Inc. is a Canada-based gold mining company. The Company owns two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea (Conakry). The Kiniero Gold Project is a 470 square kilometers (km2) package of mining licenses in the prolific Siguiri Basin, Guinea, and consists of the adjacent Kiniero (mining) and Mansounia (exploration) licenses which host numerous deposits. The Nampala Gold Mine is located in the Republic of Mali, approximately 250 kilometers (km) southeast (335km by road) of the capital of Bamako, 45 km northwest of the Syama Mine (operated by Resolute Mining Limited) and 91 km southwest of the Morila mine (operated by Firefinch Limited). The mine is in the Sikasso administrative region. The property has a total surface area of c. 280km2 and consists of two parts: the Nampala exploitation permit covering 16 km2, including the Nampala mine, and five exploration permits.


TSXV:RBX - Post by User

Comment by ABDPhilon Apr 29, 2021 10:01am
424 Views
Post# 33090266

RE:RE:Please read carefully

RE:RE:Please read carefullyYou are right Stud,

The 2021-T1 was the most worrying because on the surface, the ore is either low grade or sterile. This production result is therefore a good start for the year 2021.

The following quarters are expected to be in line with expectations, as the installation of the cone crusher to process quartz richer in gold will stabilize the results.

Another very important element concerns the 4.5% increase in the recovery rate of gold in the ore. Is this tremendous improvement due to a change in operations or something else? I have no explanation. The recurrence of this improvement could give an additional free cash flow of 1 cent annually.
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